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STATIONERY, GREETING CARDS with SUB POST OFFICE

Price:
Leasehold - £95,000
Turnover:
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Seller Ref:
C7691
Location:

London, South London

Business Type:

Retail businesses

See Other:
Post offices for sale in London
Confectioners for sale in London
Stationers for sale in London
Card shops for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : DOUBLE FRONTED MEDIUM SIZED SALES SHOP with lino floor, fluorescent lighting. 2 revolving card display stands (including 1 on loan). Post Office Counter with anti-bandit screen (2 positions plus parcel hatch).

Rear ground floor room

Staff w.c.

In addition on the ground floor is a bathroom with bath, wash hand basin

WE ARE INFORMED the turnover averages £150 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit 40% approx. Post Office salary £41,000 p.a. approx. (including commission paid in respect of an external ATM machine).

We understand the premises are held on a secure renewable lease, the present lease expiring in September, 2013 at a current rental of £9,000 p.a. exclusive of rates. We understand from the present tenant that the rent was due for review in September, 2010, however we are further advised that no request for an increase has at present been advised.

Uniform Business Rates: Nil payable at present due to full relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£1,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, densely populated residential area, LONDON, SW
Trading Hours:
Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
NO SU
Accommodation:
The accommodation with internal access plus external front door access does require some redecoration and has FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
1 Double Bedroom
Large Lounge
Kitchen
Bathroom with bath
Separate cloakroom with w.c. and wash hand basin

Second Floor
2 Additional Double Bedrooms

It will be appreciated upon inspection that the accommodation could be let on a shorthold tenancy to provide a rental income, if not required for personal use.

Yard at rear
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